Georgetown Bancorp in Massachusetts has raised $11 million and completed its conversion to a stock-owned firm from a mutual holding company.

GREENWOOD VILLAGE, Colo. – Bellco CU celebrated its newly relocated downtown Denver branch with a grand opening this week, the third branch opened by the $2-billion credit union so far this year.

TULSA, Okla. – Oklahoma Central CU celebrated its new headquarters and branch Tuesday at the former site of the historic Camelot Hotel, which was torn down nearly five years ago.

ST. PAUL, Minn. – Affinity Plus FCU has rolled out a new branch format that it said transforms member service reps into “multi-purpose member advisors.”

A new museum exhibit chronicles the history of New York's banking scene.

Vintage Bancorp, in Leon, Kan., on Wednesday canceled its deal for CornerBank, in Winfield, Kan.

San Bernardino County is forging ahead with deliberations on a proposal to seize underwater mortgages, despite its largest city's decision to seek bankruptcy. But industry members say the bankruptcy could interrupt funding for the plan.

The pace of bank mergers slowed in the second quarter, but deal announcements still rose about 15% in the first half from a year earlier, according to SNL Financial.

An unsolicited offer by PacWest added jet fuel to the shares of First California, strengthening its hand in a takeover deal of its own and bolstering management's effort to stay independent.

Dozens of small banks have substantially increased commercial and industrial lending over the past few years. Supervisors are worried that some may be chasing unfamiliar business down a blind alley.

The nation's largest credit union is pushing loan participations, which could help credit unions make more loans despite existing regulatory caps.

International Bancshares (IBOC) in Laredo, Texas, has repurchased $40 million of preferred stock that it issued to the Treasury Department under the Troubled Asset Relief Program.

ProAmérica Bank (PMRA) in Los Angeles has named a 25-year banking veteran as its president and chief executive after a yearlong search.

Members of the GOP-controlled House once again debated the impact — and potential pitfalls — of a section of the Dodd-Frank Act, with the subject du jour concerning so-called QM regulation.

FirstBank Holding in Lakewood, Colo., will close a dozen branches inside Colorado grocery stores.

First California Financial Group (FCAL) has reduced by 38% the number of shares it would pay to acquire Premier Service Bank in Riverside, Calif.

If the government could eliminate contract rights in this way, then it would be hard to imagine what contracts could not be set aside in the name of market efficiency.

When Bank of America Corp. sent letters to 60,000 struggling homeowners offering to slice an average $150,000 off their loans, the lender got an unusual response from most of them: silence.

The government has failed to publicly vet its use of auctions to dispose of its remaining Troubled Asset Relief Program holdings. That leaves too many questions unanswered about its exit plans.

Bank of America (BAC) has cut some jobs in its commercial banking division as it continues to slim down.